A Step-by-Step-Guide on how to buy XCoinPay (DYX)
Step 1 – Signup to CEX.io You will first need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. XCoinPay (DYX) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (DYX) XCoinPay As soon as your deposit has been approved, you will immediately have access to your finances and you can begin buying and trading. To buy (DYX) XCoinPay on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot (DYX) XCoinPay, you will need to put the short name of the asset (DYX) into the search box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've marked this also. Click on “DYX/BTC” to proceed.
Step 4 – Acquisition of XCoinPay (DYX) After you've spotted XCoinPay (DYX), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our Limit Order. The field with the “Price” tag will be filled with the up-to-date price XCoinPay (DYX) was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of DYX you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of DYX. If you're glad, click on “Buy DYX”. Your order will be filled as soon as a Vendor sells their DYX for the price you offered.
Step 5 – Withdraw XCoinPay (DYX) Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your XCoinPay (DYX), hover over the tab called “Funds” and click on “Withdraw”. XCoinPay (DYX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate XCoinPay (DYX) by using the given drop-down box. Put into the volumen of XCoinPay (DYX) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.